Shorewood, IL Profile: Facts & Data

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Shorewood, Illinois - Basic Facts

The Village of Shorewood had a population of 17,141 as of July 1, 2019. Shorewood ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Illinois. See peer rankings below.

The primary coordinate point for Shorewood is located at latitude 41.52 and longitude -88.2017 in Will County. The formal boundaries for the Village of Shorewood encompass a land area of 7.78 sq. miles and a water area of 0.11 sq. miles. Will County is in the Central time zone (GMT -6). The elevation is 577 feet.

The Village of Shorewood (GNIS ID: 2399813) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Village of Shorewood is located within Township of Troy, a minor civil division (MCD) of Will County.

Alternate Unofficial Names for Shorewood: Grinton, Troy.

Jump to... (On This Page!)
  1. Shorewood 2019 Demographic Data
  2. Growth Rates for Shorewood (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Illinois Research Tools (Easy Tools & Current Data)
  3. Illinois Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Shorewood, IL Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Shorewood, IL Housing Affordability Index is 173
State of Illinois Housing Affordability Index is 119
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Shorewood, IL Wealth Index is 151
State of Illinois Wealth Index is 105
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for cities, Counties, ZIP Codes and even neighborhoods (Census Blocks) when you search by a specific Illinois address.

See our:

  1. New 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  2. References & Data Sources page for more information about methodology and sources of data.

POPULATION

Total Population 17,141
Population in Households 17,139
Population in Familes 15,289
Population in Group Qrtrs 2
Population Density 2,171
Diversity Index1 46
 

INCOME

Median Household Income $100,092
Average Household Income $113,859
Per Capita Income $40,479
Wealth Index3 151

HOUSING

Total Housing Units 6,380 (100%)
Owner Occupied HU 5,763 (90.3%)
Renter Occupied HU 390 ( 6.1%)
Vacant Housing Units 227 ( 3.6%)
Median Home Value $248,097
Housing Affordability Index2 173
 

HOUSEHOLDS

Total Households 6,153
Average Household Size 2.79
Family Households 4,831
Average Family Size 3
NOTES
  1. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  2. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  3. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 1.01% 0.84%
Households 1.21% 0.93%
Families 1.28% 0.82%
Median Household Income   1.32%
Per Capita Income   2.4%

Shorewood, IL - Peer Comparisons by Rank and Percentile

The table below compares Shorewood to the other 1,369 incorporated cities, towns and CDPs in Illinois by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 149 89th
Population Density # 232 83rd
Diversity Index # 218 84th
Median Household Income # 97 93rd
Per Capita Income # 171 88th

Additional comparisons and rankings can be made with a VERY EASY TO USE Illinois Census Data Comparison Tool.

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